Assmang declares force majeure on ferro-manganese production in South Africa

Mining and metals producer Assmang has declared force majeure on its medium-carbon ferro-manganese production in South Africa, a source told Fastmarkets on Friday July 16.

Assmang produces refined ferro-manganese at its Cato Ridge Alloys plant in the eastern province of KwaZulu-Natal and informed its customers about the force majeure on production earlier this week.
The force majeure declaration was made on customer contracts due to rioting and looting in KwaZulu-Natal amid nationwide protests, triggered by the jailing of ex-president Jacob Zuma for failing to appear at a corruption inquiry last week.
“Assmang made the declaration [of force majeure] a couple of days ago,” the source said. “Our transport provider, Transnet, has also declared force majeure and while the situation is calmer now, there is hope Assmang will be able to resume deliveries in the next few weeks.”

Major South African ports Durban and Richards Bay and a rail line connecting Durban with Gauteng province, where Johannesburg is located, have been disrupted by days of...

Published

Declan Conway

July 16, 2021

14:00 GMT

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